KATO USA was established in 1986 with the first US locomotive N scale (N gauge) model GP38-2 released in 1987.
Since that time, KATO has come to be known as one of the leading manufacturers of precision railroad products for the modeling community. KATO's parent company, Sekisui Kinzoku Co., Ltd., is headquartered in Tokyo, Japan.
What's it worth? Take a look at this Kato price guide: sold listings for a value indication.